Statoil’s Johan Sverdrup has received the official green light for phase one of its plan for development and operation (PDO) by the Norwegian Ministry of Petroleum and Energy. Johan Sverdrup field center…
Image: North Sea license PL410/Hibiscus Petroleum Hibiscus Petroleum Berhad has announced that its jointly-controlled entity, Lime Petroleum Norway has executed an agreement…
The PSA has completed its investigation into two incidents which occurred on the Eldfisk complex on 6-8 August 2014. Several breaches of the regulations have been identified. Image from ConocoPhillips…
North Sea Helicopter Pilots have indicated strong support for strike action if helicopter companies do not make serious improvements in the way they deal with job losses. They have also highlighted the serious impact on safety the threat of redundancy is having…
Electromagnetic Geoservices (EMGS) announced a cost reduction program that will generate cuts in its fleet, workforce, and capital expenditures, which the company is blaming on challenging market conditions. The EM Leader…
Transocean was awarded approximately US$35 million for two different contract extensions that are about 11,000mi from each other. The Transocean Barents. From Transocean. US…
Weak demand for services in the oil sector is helping operator Premier Oil to reduce costs on its Vette and Sea Lion projects, the firm said this morning. While the now expected prolonged low oil prices could put pressure on future projects…
The Energy Industries Council (EIC), the leading trade association for UK companies that supply goods and services to the energy industries worldwide, will be the focal point of attention at Offshore Europe this September as the largest single exhibitor at the show…
North Sea independent EnQuest expects to reach first oil on its Alma/Galia development within a few weeks, the firm announced this morning. The development, a subsea project tied back to the EnQuest Producer floating production, storage and offloading (FPSO) vessel…
The Danish North Sea high-pressure, high-temperature Hejre oil field project continues to be challenged by delays from its supplier consortium, according to operator DONG Energy. Henrik Poulsen, the firm's CEO and President, said DONG continues to press for first oil in 2017…
Image: Paul Betteridge, TCO director/TCO TCO has confirmed a continuation of strong sales results, leading to the expansion of its Aberdeen workforce by a third. Within the past six months…
It’s now less three weeks to SPE Offshore Europe 2015. As preparations for the event heat up, we take a look at some of the key talks scheduled for the show. Image from Brian Cox. From Trio Group…
Lundin Norway has exercised a one month option for the provision of the Safe Boreas semisubmersible accommodation vessel at the Edvard Grieg Project in the Norwegian sector of the North Sea. The one month option extends on site operations…
Engineering firm Wood Group has since its revenues slide 20% to US$3 billion as it suffers from the reduction in activity in the oil and gas sector caused by operators tightening their belts amid low oil prices. The firm, which has reduced its headcount 13% since December…
The Society for Underwater Technology (SUT) will host two deepwater technical sessions at Offshore Europe, providing a platform for organizations to demonstrate innovations that are pushing boundaries at new depths. The first session…